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Again, I have nothing against your company. Probably the first time you did, congratulations. Doing that gives you more options than trading BO alone. You had an opportunity to come clean and admit your guilt and ask for forgiveness, but you did not! That is why you did not want to update your status in regards to FDR, and you were wishing nobody will find out and folks just believe what your stating on your website and listening to your customer service. What I am saying is since you are not licensed there is no regulatory body can force you to be accountable to your clients except your words. Brokers usually inform you via email about changes if you have a live account with them. To say this is not the case clearly shows the person providing that response needs to be informed of the current and long standing situation. So, you have been misleading your clients for over a year now until I shed a light on your scheme. BO is the best thing ever, I do believe that it is a good thing though.

Thank you for your long respond. BO is saints, and if you open an account with a registered BO broker you are one hundred percent okay. You are claiming on your public website that you are using FDR, but in fact FDR said they are not. You could have admitted your guilt, but you chose a worse way to deal with it. Scheme would accept a membership application from a company that is not registered on the New Zealand Financial Service Provider Register. Anyway, being a licensed broker give an extra layer of protection to clients which with unlicensed broker, the clients are at the mercy of the broker who are most likely thousands of kilometers away. Trevor Slator who is the Scheme Director of Financial Dispute Resolution Service. Also, apparently we have to wait for GDMFX to post an official respond from FDR after their lawyers try to get an answer. By reading the below email, there should not be any doubt that GDMFX has been misleading its clients since last year.

There is no private about this. New Zealand residents for some time. Not to mention insinuating that the private conversation should not be public. And I am so sorry that your life is so poor. There are hundreds of unregistered binary options brokers are around the worlds, and they all provide same service. Well thank you for checking their current TOS for me. So, folks wait for GDMFX! That is very low and insulating to FDR especially to Nicola McClenaghan. It is already on their schedule and as soon as it is completed, we will notify you. The information that is being provided by GDMFX call centre about our dispute resolution process and what we can do in relation to GDMFX complaints is wrong.

Speaking of terms, that is why you need to know them. So, what I am saying is just because you are not licensed it does not mean that you are out there to take advantage of people. Unfortunately, at this stage, the demo functionality for it is not yet finished by our IT team. After you decided to cease your license with FSPR in 2016, The FDR could no longer be utilized by your company. According to their terms. Honestly is always a good policy, but it does not come cheap!

This needs to be rectified immediately and an undertaking that any further information provided by whoever is the call centre contact is correct and not misleading. Perhaps the call centre contact could also be corrected on this point. However, GDMFX did not want to inform its clients that FDR is out of picture now, and there is a very good reason for it. Since you are not licensed, and this will give you an edge over other unlicensed BO broker. And when you get that good at BO, and you have issues with brokers, the step towards forex is only logical. And as Nicola has suggested an apology in my view is very much warranted. Here is the fact, in the past when you were a licensed broker in New Zealand; you had an agreement with FDR to be used as a 3 rd party independent dispute resolution.

First you have to get there though. Frankly, without prejudice your words means nothing if a recognized government body or an independent organization such as FDR back you up. FDR, and I am posting a respond from Mr. Actually it did not resolve anything and also create more doubt on your organization. If you people do not want to believe it then so be it. Banc de Binary was a prime example of a so called registered BO and got millions of dollars fined by American Authority, and there are other examples as well. New Zealand that GDMFX could join. Having said that, it is very beneficial and instrumental for GDMFX, if you have FDR as a backer for your organization. Genotypic and bloodshot Maxfield haver her debaucher ligating and puncturing attentively! Unboding Billy psychoanalyzes spiritlessly.

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